2-bed · 1,908 sqftAl Reem 3, Arabian Ranches · completed 2007

TH072, Al Reem 3

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH072 · DLD and Ejari recordsUpdated 2 February 2024
Last soldAED 2.57M2 February 2024
Current rentAED 94K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH072, Al Reem 3

What is TH072 worth today?

Last sold for AED 2,570,000 in 2024

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2 Feb 2024SoldReady
AED 2,570,000AED 1,346 per sqft
15 Oct 2022RentedRenewal
AED 94,300/yr12 months · AED 49 per sqft
15 Oct 2021RentedRenewal
AED 82,000/yr12 months · AED 43 per sqft
15 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
1 Nov 2019RentedNew contract
AED 86,666/yr12 months · AED 45 per sqft
31 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
20 Jan 2016RentedRenewal
AED 145,000/yr12 months · AED 76 per sqft
20 Jan 2015RentedNew contract
AED 145,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 2 February 2024.

Key facts

Type
2-bed villa
Size
1,908 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,900 /yr
Last sold
AED 2.57M · February 2024
Community
Al Reem 3

About TH072, Al Reem 3

TH072 is a two-bedroom villa of 1,908 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 2 February 2024 for AED 2,570,000, or AED 1,346 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 94,300 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH072 over time

Sales
Villa TH072, each saleTypical two-bed in Al Reem 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2013 AED 1,412,500; 2014 AED 1,950,000; 2024 AED 2,547,500Sold by developer, July 2008: AED 1,730,000 (AED 906 per sqft)Sold, October 2011: AED 1,295,000 (AED 678 per sqft)Sold, February 2024: AED 2,570,000 (AED 1,346 per sqft)

TH072 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH072, each contractTypical two-bed in Al Reem 3
100K200K2013201720212025Typical rent by year: 2013 AED 115,000; 2014 AED 126,500; 2015 AED 135,750; 2016 AED 135,750; 2017 AED 120,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 83,500; 2022 AED 105,000; 2023 AED 125,250; 2024 AED 138,282; 2025 AED 200,000New contract, January 2015: AED 145,000 a yearRenewal, January 2016: AED 145,000 a yearNew contract, August 2017: AED 120,000 a yearNew contract, November 2019: AED 86,666 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 82,000 a yearRenewal, October 2022: AED 94,300 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Al Reem 3, and where TH072 sits

All 8 2-beds →
Recent 2-bed salesVilla no.Price (AED)Summary
2 Jul 20253,600,000
12 Sep 20242,600,000
10 Sep 20242,525,000
5 Sep 20242,000,000
0 2-bed sales in the last 12 months

Al Reem 3

Community

300 villas, 2-bed to 6-bed in Arabian Ranches, completed in 2007 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,046
Typical sale
AED 5.1M
Typical rent
AED 196K /yr
Typical yield
4.0%
Al Reem 3, Arabian Ranches: prices, sales and rents →

TH072, Al Reem 3 in numbers

  • Sold 3 times: first on 29 July 2008 for AED 1,730,000, last on 2 February 2024 for AED 2,570,000 (AED 1,346 per sqft).
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 80,000 in 2020 and recovered to AED 94,300 by October 2022.
  • At AED 94,300 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 5,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 2 February 2024.

Questions about TH072, Al Reem 3

What did villa TH072 last sell for?

AED 2,570,000 on 2 February 2024: AED 1,346 per sqft for 1,908 sqft. The villa has 3 registered sales; the first was AED 1,730,000 in July 2008.

What is the rent for villa TH072?

AED 94,300 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 82,000; the villa has been rented since January 2015.

How big is villa TH072?

1,908 sqft (177.3 sqm): a two-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH072 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH072, Al Reem 3

Starts from the last sale price (AED 2.57M, 2 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,570,000
Deposit, UAE resident (20%)
AED 514,000
Deposit, non-resident (40%)
AED 1,028,000
Monthly over 25 years at 3.7%
AED 10,515

Plus AED 112,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →